Maguire joins ABRDN Australia Equity Fund (NYSE: IAF) as reporting person

Rhea-AI Filing Summary

ABRDN Australia Equity Fund, Inc. filed an initial insider ownership report naming Steven William Douglas Maguire as a reporting person in his capacity as "Director of Adviser." The filing shows no reportable transactions, holdings, or derivative positions, indicating this is a baseline disclosure with neutral ownership activity.

Key Terms

ten percent owner, derivative transaction count, net buy/sell direction

3 terms

ten percent owner financial

"the ten percent owner field is marked as 0"

derivative transaction count financial

"the transaction summary lists a derivativeTransactionCount of 0"

net buy/sell direction financial

"netBuySellDirection is reported as "neutral" in the transaction summary"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does the IAF Form 3 filing by Steven William Douglas Maguire report?

The Form 3 identifies Steven William Douglas Maguire as a reporting person for ABRDN Australia Equity Fund, Inc. in his role as Director of Adviser, with no transactions or holdings reported.

Were any IAF shares bought or sold in this Form 3 filing?

No. The Form 3 lists zero buy, sell, acquire, or dispose transactions, and shows no derivative transactions, indicating no trading activity is being reported in this filing.

Does the IAF Form 3 show any derivative securities for Maguire?

No. The derivative summary is empty and the transaction summary lists zero derivative transaction count, so no options, warrants, or other derivative positions are disclosed.

Is Steven William Douglas Maguire a ten percent owner of IAF according to this filing?

No. The Form 3 flags the ten percent owner field as zero, indicating he is not reported as a 10% owner, but rather as a Director of Adviser for the fund.

What is the overall transaction direction in the IAF Form 3?

The transaction summary shows zero buys, zero sells, and net buy/sell direction marked as neutral, reflecting that no share transactions are included in this initial ownership report.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Maguire Steven William Douglas

(Last) (First) (Middle)

C/O ABRDN

1900 MARKET STREET, SUITE 200

(Street)

PHILADELPHIA PENNSYLVANIA 19103

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
06/18/2026

3. Issuer Name and Ticker or Trading Symbol
ABRDN AUSTRALIA EQUITY FUND, INC. [ IAF ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Director of Adviser

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

No securities are beneficially owned.

	/s/ Robert Stieger by POA from Reporting Person	06/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)